NBFC: Page 2

News and Trends

Vivriti Capital Raises $55 Million In Series C Funding Led By Lightrock India And Creation Investments

Funds will be utilized to expand the business as well as technology, for acquisitions, product delivery and portfolio management

Entrepreneurs

Farmer to Financing Czar

Barota finance aspires to be a 360-degree one-stop-shop NBFC in the rural Agri chain, empowering rural India from pre-harvest to post

Entrepreneurs

Debt Recollection Connoisseurs

Credgenics collates borrower responses across all physical and digital communication channels in one place to help create sharp analytics available in user-friendly dashboards.

News and Trends

MSMEs And NBFCs Lending To Them Need Government Boost To Stay On Recovery Path

While the task at hand is a sizeable one, there are some things the government can do to accelerate the process

Finance

Agility In Product Delivery And Innovation To Define the Growth Altitude Of Gold Loan NBFCs

As NBFCs and banks have adopted a cautious approach while lending to protect their balance sheets, gold loans have emerged as the saviour for them to restart lives and businesses

News and Trends

Lendingkart First to Launch Co-Lending Scheme In Partnership With Banks Post RBI's Revised Guidelines

Lendingkart has launched a co-lending software-as-a-service (SaaS) platform Lendingkart 2ghtr, for banks and non-banking financial institutions (NBFCs)

Finance

Revamping the Loan Recollection Exercise With Technology To Drive Recovery Strategy

As the expiry of this moratorium comes closer, banks and NBFCs have a new challenge, i.e., the biggest loan recollection exercise in their history, in a time of economic slowdown

News and Trends

Lendingkart Picks Additional INR 86.24 cr to Close Series D Funding at INR 319 cr

The fintech startup had raised INR 233 crore in August 2019 in first tranche of series D round and today announced fresh funding of INR 86.24 crore as part of D2

News and Trends

INR 20 Lakh Crore Package: Emergency Credit For MSMEs, PF Rate Reduced and Liquidity Boost to NBFCs

FM Sitharaman on Wednesday announced first tranche of measures under special economic package of INR 20 lakh crore meant to fight the economic fallout of Covid-19

News and Trends

[Funding Alert] SMEcorner Raises $30 Million in Series B Funding Led by Paragon Partners

The funding will be used to rapidly scale-up the business, lending partnerships and market expansion in the coming financial year.

News and Trends

[Funding Alert] MoneyTap Raises INR 500 Crore in Series B Funding

The funds will be used to invest in technology, data sciences and launch of NBFC operation.

Finance

The 2020 Outlook for Indian NBFCs

The future posits that NBFCs will continue to experience robust growth with minimal instances of delinquencies if the credit flow doesn't stop and the risk mitigation mechanisms improve.

Technology

Supply Curtailed, Demand Still Robust For SME Lending in India, Says This Start-Up Founder

Namaste Credit co-founder Gaurav Anand believes the challenge is now for fintech companies to make sure that the tech adoption by SMEs continues.

Entrepreneurs

Here Is What Sachin Bansal Is Doing After Exiting Flipkart

Sachin Bansal is back in the game as CEO after acquiring 94 per cent stake in a NBFC company